Copperbelt Energy Corporation Plc, Energy, TelecomOctober 16, 2018

CEC sheds fat
When we published “New Board Members at CEC? Interesting..“, we decoded the signal from the management team that they had brought on board an investments expert and a private equity specialists. When boards make decisions such as this one, it means that they are looking at improving the investment profile of the company. Many companies […]

Copperbelt Energy Corporation Plc, EnergySeptember 3, 2018

New Board Members at CEC? Interesting..
It came as quite a curious surprise that following the failure of the CDC acquisition of CEC, energy maestro, Hanson Sindowe was retiring at Chairman of the Board of Directors of CEC Plc. Hanson has enjoyed an illustrious career in the energy sector. Some would even say that he is one of the most important […]

Copperbelt Energy Corporation Plc, EnergyJuly 19, 2018

CDC walks away from CEC Deal
Over the last couple of months, the team at Financial Insight Zambia has been watching the CDC acquisition of CEC unfold. We published “CEC Conditions Precedents to the CDC Deal” which indicated the progress of the deal and the status of the deal. However, yesterday we received this email from the CDC press office and […]

EnergyMay 26, 2018

CEC Africa: Hopes High on Sector Reform
Siyanga Malumo is an optimistic man. The power sector veteran and Chairman of CEC Africa makes a compelling case for shareholders to remain optimistic in his letter to shareholders in the CEC Africa 2017 annual report. The chairman is placing most of his faith in the fact that their Nigerian story has an opportunity of […]

EnergyMay 7, 2018

What Is Renewable Energy and Why Is It So Important?
Since the energy crisis of the 1970’s, Americans have been searching for ways to use our natural resources safely and efficiently. And since the release of the documentary An Inconvenient Truth in 2006, buzzwords and catchphrases like global warming, climate change, renewable energy, and sustainable energy have become a part of the American lexicon. But what does […]

Puma Energy (Z) PlcApril 30, 2018

Puma’s 2017 Performance
Puma continues to pride itself over its safety record. This was evident when we reviewed their 2017 annual report for the year under review saw no deaths according to their Board Chairman JJ Sikazwe. In fact, although their record indicated a one point improvement in 2017 compared to 2016, road traffic accidents stood out as […]

Copperbelt Energy Corporation Plc, EnergyApril 23, 2018

CEC Conditions Precedents to the CDC Deal
On 30 January 2018, CDC and A P Moller Capital announced that they had made a bid to acquire Copperbelt Energy Corporation. According to the CEC website, the company is majority owned by Zambian Energy Corporation (“Ireland”) Limited (“ZECI”) which holds 52% shareholding whilst the balance of 48% is held by various institutional and retail […]

Copperbelt Energy Corporation Plc, EnergyMarch 21, 2018

CEC 2017 Review
Chairman of CEC Mr. Hanson Sindowe has every right to be a proud man. His company is in the spotlight following an approach from CDC for a substantial stake in the company. However, that’s not the only reason. The Company recently recorded a profit after tax of ZMW534 million compared to a loss of ZMW1,161 […]

Copperbelt Energy Corporation PlcJanuary 30, 2018

CEC Enters Transfer Market
While many pundits were busy looking at the English premier league transfer window, FiZ had its eyes set on another transfer of significant importance. Through SENS announcement of 30th January 2018, news broke out regarding a firm intention to make a binding offer for all of the ordinary shares of Copperbelt Energy Corporation PLC for […]

EnergyOctober 12, 2017

Power Sector Reform: Game Changer for Africa
This week was special for TFHZPC. Not only was I returning to a place I used call home for 3 years while pursing my first post graduate qualification, I was attending the UCT graduate school of business power sector reform training. Professor Anton Eberhard has been conducting the program for executives for many years now […]